On 2007-12-04, Neil Gould wrote:

In the US, primary education is not a national priority, nor a state-level
priority, and in many if not most communities, not a local priority. On a
national level,...

Regardless of priority, the presumption that U.S. education is underfunded is a
persistent myth as is the belief that funding levels and results (educated
students) are causally related. http://www.cato.org/pubs/pas/pa126.html